kiri, no I don't think the company is hopeless. I actually think it is undervalued and about to become more undervalued. It is generally better to sell the rallies which I suggested was an opportunity on the recent rally to 12.5c than to chase it down.
All of this is not advice, just my opinion. It is up to you to do your own research and make up your own mind. And for me, research includes trawling through the opinions on hotcopper although most posts are biased to the bullish side as they are made by unobjective shareholders.
Personally, if I was down 50% on a stock that I was very confident in the long term upside but thought there was room for another 25% downside first I'd probably just ride it out.
BUL Price at posting:
8.0¢ Sentiment: Sell Disclosure: Not Held
